Frasers Centrepoint Trust · SGX:J69U
Frasers Centrepoint Trust — Shareholder Meeting (January 2023)
20 slides from Frasers Centrepoint Trust's shareholder meeting presentation, January 2023
Slide 1: Inspiring experiences, creating places for good
Inspiring experiences, creating places for good.
Slide 2: Important Notice
Important Notice • Certain statements in this Presentation constitute “forward-looking statements”, including forward-looking financial information. Such forward-looking statement and financial information involve known and unknown risks, uncertainties and other factors which may cause the actual re
Slide 3: Contents
Contents Sections 1. FCT overview page 4 2. FY2022 performance review page 6 3. Summary page 15 4. Appendix page 18 We are Frasers Property 3
Slide 4: FCT overview: Singapore's leading suburban retail SREIT
FCT overview Singapore’s leading suburban retail SREIT ✓ ✓ ✓ ✓ ✓ Aggregate catchment population within 3km of each property in the portfolio. Population in overlapping areas are only counted once. Source: Cistri 1. Based on market capitalisation of approximately S$3.69 billion as at 30 September 202
Slide 5: FCT overview
FCT overview Note: FCT has 40.0% interest in the ownership and voting rights in a joint venture, Sapphire Star Trust, a private trust that owns Waterway Point. We are Frasers Property 5
Slide 6: FY2022 performance review
Waterway Point, Singapore FY2022 performance review
Slide 7: Higher revenue, net property income and distribution per unit
FY2022 performance review Higher revenue, net property income and distribution per unit We are Frasers Property 7
Slide 8: FY2022 performance review: capital management and debt maturity
FY2022 performance review ▪ ▪ 30 Sep 22 30 Sep 21 Debt maturity profile as at 30 September 2022 Total Borrowings: S$1,815 million Average debt maturity (years) 2.03 2.47 (% represents as proportion of total borrowings) Aggregate leverage2 33.0% 33.3% S$511 million S$472 million (28.2%) (26.0%) Inter
Slide 9: Broad-based operating performance improvement
FY2022 performance review Broad-based operating performance improvement Retail portfolio Retail portfolio Shopper Traffic Tenants’ sale rental reversion1 committed (million) (S$ million) occupancy 153.0 2,313.9 97.5% 97.3% 136.1 2,078.3 1.5% +12.4% +11.3% FY2021 FY2022 FY2021 FY2022 FY2021 FY2022 FY
Slide 10: Key growth drivers in FY2022
FY2022 performance review Key growth drivers in FY2022 ▪ Full year contributions from the ARF acquisition in FY2022. ▪ Absence of rental rebates provided to tenants. ▪ Increase in turnover rent from higher tenants’ sales. ▪ Higher income from atrium leasing with the lifting of restrictions. ▪ Revenu
Slide 11: 73 new-to-FCT brands in FY2022
FY2022 performance review 73 new-to-FCT brands in FY2022 First Don Don Donki in Yishun finally opened its first Safari themed store at Northpoint City in early-October 2022. Café BomBom, a popular dessert café chain from South Korea, opened its New to FCT, this is 1st Singapore outlet at also Tiong
Slide 12: Injecting community content to our malls
Injecting community content to our malls Continuous effort to curate marketing program to engage shoppers Little Chef Experience at Mediacorp meet-and-greet at Century Square Tampines 1 Do-It-Yourself (DIY) felt food Meet-and-greet with cast from Channel making experience for kids from 8 drama “Your
Slide 13: Omnichannel retail ready
Omnichannel retail ready Frasers Experience – our loyalty program that provides omnichannel retail experience ✓ Frasers Experience – Frasers Property Retail’s 500 $100.00 loyalty platform with more than 1 million members. ✓ For our shoppers – Omnichannel retail adapts to their shopping with convenie
Slide 14: Our sustainability efforts
Our sustainability efforts Proactive in addressing challenges from climate change and sustainability ✓ Achieved 5-Star rating for second consecutive year at the GRESB Real Estate Assessment 2022. ✓ Attained “A” rating in ESG rating by MSCI ESG Ratings. ✓ Raised the proportion of green loans to 32% a
Slide 15: Summary
Waterway Point, Singapore Summary
Slide 16: Suburban retail sector remains an attractive asset class
Suburban retail sector remains an attractive asset class Highlights from independent market overview (CISTRI)1 ▪ Singapore population growth: +0.9% p.a. in 2023 to 2030. ▪ Nominal retail sales growth: +4.5% in 2023 and +7.0% in 2024. ▪ Retail space supply expected to remain low; +0.7% p.a. in 2023 a
Slide 17: FCT is well-positioned to grow in the new normal post-COVID
FCT is well-positioned to grow in the new normal post-COVID ▪ Track record of consistent performance in ▪ 3 growth engines to deliver regular and delivering stable unitholders’ returns. stable distributions to unitholders and achieve sustainable growth. ▪ Suburban retail sector has proven to be resi
Slide 18: Appendix
2 GH Rint TRUST Appendix
Slide 19: Definition of terms used in this presentation
Definition of terms used in this presentation • FY2021: Financial year ended 30 September 2021 • Moody’s: Moody’s Investors Service (credit rating agency) • FY2022: Financial year ended 30 September 2022 • MSCI: Morgan Stanley Capital International • AEI: Asset Enhancement Initiative • NAV: Net asse
Slide 20: Inspiring experiences, creating places for good
Inspiring experiences, creating places for good.
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